Sydney By Sail offers a new and exciting way to enjoy all the benefits of owning a brand new Elan Impression or Dufour Grand Large cruising yacht without any of the hassles and at a fraction of the price.
Next Syndicate Starts Spring 2016 - using a brand new Dufour 382 Grand Large
SYNDICATED YACHT OWNERSHIP - BENEFITS
Why part-ownership instead of owning the whole yacht?
Because it is cost-effective boat ownership. As a part-owner, you will only pay your fixed amount of annual maintenance that includes all costs associated with yacht ownership. For example, the Dufour 382 would attract an all-inclusive maintenance contribution of only $5,820 per year (incl. GST). Our yacht owners own their yacht, and at the same time saving approximately 80% of the normal costs that come with yacht ownership - and still use the yacht a generous 33 days per year. Most people don't use the yacht this many days even if they own the lot.
How many days are allocated to each owner and how do I book in?
Each owner of a share in a yacht is entitled to a certain number of days usage of the boat per year:
10% share = 33 days per year
20% share = 67 days per year
Owners can book their days up to 4 months in advance and are still have complete flexibility.
Bookings can be changed (i.e. in bad weather situations) without penalty or limitations.Bookings are made conveniently over the internet at any time of day. Each day you book your booking is guaranteed for you, and your yacht will be ready for pickup at 9am. Overnight usage is possible if two or more consecutive days are booked. You can book single days or extended holiday periods of up to a week. Stand by days are also available for weekday and weekend bookings.
Economical and Easy Yacht Ownership
A yacht is quite an expensive piece of lifestyle equipment. A comfortable, easy to handle 38-40 foot yacht with enough accommodation for the whole family would typically cost approximately A$330,500. To calculate the true cost of ownership you must include the initial capital investment, plus the opportunity cost if paying in cash, or interest paid if the boat is financed. (Opportunity cost is the amount of interest you would have received if you invested the money instead of buying a yacht.) With Sydney By Sail syndicated ownership, the capital required for all the benefits of owning a 38-40 foot luxury yacht is as low as A$32,500.
Sydney By Sail will take care of all yacht maintenance and arrangements
Yacht ownership not only costs money. It can also mean spending more time maintaining and repairing the yacht than enjoying the sailing. It is never ending, but a yacht that is not well maintained will depreciate even faster than necessary. The syndicated yachts are professionally maintained throughout the ownership period, with focus on detail and value conservation. This service is perfectly suited for our busy lifestyles, where most people are time poor but still want the sailing lifestyle without the commitment. We take care of all the operational aspects involved in yacht ownership, resulting in an all-inclusive walk-on, walk-off sailing experience.
What happens when the yacht is sold?
When the yacht is sold, the owners share in the net proceeds. You will only have paid for the true depreciation of your yacht, and our stringent management program will ensure that each syndicated yacht retains the maximum resale value. Our boats will typically depreciate by about 30-40% within a three-year ownership period.
The principle is simple: